TAMAN CHAI LENG

TAMAN CHAI LENG in Seberang Perai Tengah, Penang recorded 12 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 873K and a median price per square foot (PSF) of RM 510.

This area contains both residential and commercial properties. View 62 residential properties or 23 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 873K, with most transactions falling within a stable range of RM 600K to RM 1.17 million, and a typical market range of RM 690K to RM 1.06 million.

Within the Double Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 510, though individual units vary from RM 339 to RM 681 in the core range. The broader market spans RM 440.50 to RM 579.50, indicating diverse property characteristics. A wider spread (IQR: RM 139.00) and deviation (MAD: RM 171) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.